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Minister Vandal announces federal investments to support clean technology advancements across Alberta

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More than $21 million through PrairiesCan to build on Alberta’s strengths in commercializing innovative technologies that benefit people and communities in the green Prairie economy

CALGARY, AB, July 4, 2024 /CNW/ – As global markets increasingly look for more sustainable ways of doing business, innovators across Alberta have new opportunities to create and commercialize technologies that offer benefits for both the economy and the environment. Alberta is already a national and global leader across key sectors that contribute to Canada’s prosperity—from energy, environment and aerospace to digital technology, life sciences and value-added agriculture.

Through improved coordination across federal departments and in partnership with all levels of government and industry, the Government of Canada is committed to enabling Alberta’s small- and medium-sized businesses to continue capitalizing on these and other opportunities that build on Alberta’s established strengths in creating products and services that the world needs. 

Today, the Honourable Dan Vandal, Minister for PrairiesCan, announced federal funding of more than $21.9 million for 13 projects to bolster Alberta’s clean technology sector through the commercialization and adoption of new applications that offer environmental benefits across a wide range of industries. Examples of projects receiving support include:

Alberta Innovates is receiving $10 million to launch a production and testing facility to support the commercialization of new technologies that help produce low-cost carbon fibre using bitumen.

The Battery Metals Association of Canada is receiving $850,000 to support growth of the battery metals sector in Western Canada by enhancing collaboration and educating stakeholders.

Carbon Management Canada is receiving $1,168,000 to enhance its emission management technology validation facility where small- and medium-sized businesses can test, refine, and commercialize carbon capture products and technologies.

Kuva Canada is receiving more than $4 million in repayable funding to grow market share of its automated methane monitoring products and software which safely detect methane leaks more accurately, faster and at a lower cost than traditional methane inspection technologies.

The Métis Nation of Alberta (MNA) is receiving $174,000 to conduct a comprehensive review of the Métis Housing portfolio energy efficiency plan that will provide prioritized recommendations to increase the energy efficiency of homes and support their Climate Change Action Plan.

Projects receiving funding will have significant environmental and economic benefits across the Prairies, including supporting more than 415 jobs and enabling Alberta firms to take advantage of growing market demand for clean energy solutions. Today’s federal investment leverages about $7 million in additional funding through other levels of government and industry.

This announcement exemplifies key principles of the Framework to Build a Green Prairie Economy, which was tabled in Parliament in December 2023 as a long-term commitment to seize new possibilities to build good-paying jobs in a globally competitive green economy by working collaboratively to build on the region’s strengths in clean resource development, agriculture and manufacturing, and the service industry.

Quotes

“Our government is making strategic investments to build on Alberta’s proven ability to commercialize innovative clean energy solutions that have environmental and economic benefits. Today’s investment in these 13 projects will help ensure that Alberta businesses can capitalize on new opportunities to meet global demand for clean technology know-how and expertise. These investments, in conjunction with enhanced collaboration supported by the Framework to Build a Green Prairie Economy, will help build a stronger and more sustainable economic future across the Prairies.”
–The Honourable Dan Vandal, Minister for PrairiesCan

“Today’s announcement is about making sure Alberta businesses remain at the forefront of Canada’s innovation. These projects will create sustainable jobs and demonstrate Alberta’s proven capacity to create clean technology and energy – pushing us towards great global market opportunities.”
–The Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages

“Alberta is home to world-leading businesses and entrepreneurs who punch above their weight in innovation and ingenuity. Clean technology and clean energy are fields in which our province is gaining a global reputation for excellence. Today’s investments will further bolster that capability so that we can create a sustainable economy and good jobs for Albertans for years to come.”
– George Chahal, Member of Parliament for Calgary Skyview

“We congratulate Alberta Innovates on the success in the Regional Innovation Ecosystems program competition. The award will create markets and opportunities for Alberta that haven’t previously existed. We look forward to the results of the Carbon Fibre Grand Challenge, which has the potential to create jobs in a new industry, and to attract investment.”
–The Honourable Nate Glubish, Minister of Technology and Innovation, Government of Alberta

“This investment of more than $21 million is a vote of confidence in our city’s ability to lead the charge towards net-zero. As the heart of Canada’s energy sector and home to the biggest concentration of Alberta’s cleantech companies, our local businesses are at the forefront of developing technologies that will shape a greener future. This support will undoubtedly accelerate their efforts to bring these solutions to global markets.”
– Jyoti Gondek, Mayor, City of Calgary

“This initiative will support our commitment to reduce greenhouse gas emissions, improve housing sustainability and build internal capacity within Métis Housing, accelerating climate action for our Housing portfolio and ensuring that our staff are equipped with the knowledge and skills needed to drive sustainable change from within our community. Together, we are laying the groundwork for a more sustainable and resilient future for generations to come.”
– Jason Chernow, Calgary Elbow Métis District 6 Citizens’ Representative and Secretary of Environment and Climate Change, Otipemisiwak Métis Government of the Métis Nation within Alberta

“This funding will accelerate the development and commercialization of carbon fibre technologies in Alberta. Carbon fibre can be a key pathway to a net-zero emissions future – dramatically reduce emissions and enable a new Canadian competitive advantage in a low-carbon economy. The facility will allow carbon fibre producers and manufacturers to meet the needs of climate sensitive markets and get a step closer new advanced materials industry.”
– Michael Mahon, PhD, Interim, CEO, Alberta Innovates

“BMAC’s mission is to foster the growth of Canada’s emerging battery industry to develop a strong and sustainable domestic value chain in support of the clean energy transition. As a small non-profit organization with a large mandate, the investment BMAC has received from PrairiesCan has been instrumental in enabling us to connect with Canada’s battery industry and provide key resources and support to aid in its success.”
– Sean De Vries, Executive Director, Battery Metals Association of Canada

“We are thrilled to have been selected for investment by PrairiesCan. This funding will enable us to accelerate growth by investing into increasing our Calgary-based team and commercialising additional features while helping our oil and gas customers see, size and solve their methane emission challenges to meet emission reduction goals.”
– Stefan Bokaemper, President, Kuva Canada  

Quick facts

Federal funding for these 13 projects is being provided through PrairiesCan. PrairiesCan programs and services help businesses, not-for-profits and communities grow stronger: its mandate is to support economic growth and diversification in the Prairie provinces and advance the interests of the region in national economic policy, programs, and projects.The Framework to Build a Green Prairie Economy is a long-term commitment to work differently; through stronger coordination among federal departments on investments for the Prairies, and closer collaboration with Prairie partners on their priorities for a prosperous and sustainable Prairie economy that respects provincial jurisdictions and supports Indigenous economic reconciliation.In Alberta specifically, the Framework is intended to encourage greater collaboration on regional investment opportunities, such as supporting decarbonization by advancing the hydrogen ecosystem and critical minerals opportunities; growing a sustainable agriculture sector by catalyzing more value-added activity and reducing environmental impact; and strengthening our support for community economic development capacity and initiatives, especially in Indigenous and rural communities.

Backgrounder

PrairiesCan is investing over $21 million for 13 projects in Alberta through several federal programs, including the Alberta Indigenous Clean Energy Initiative; the Business Scale-up and Productivity program; and the Regional Innovation Ecosystems program. These investments are expected to support over 415 jobs and help Alberta organizations seize opportunities resulting from the integration and development of clean technologies. Adopting and commercializing new technologies offers the potential of environmental and economic benefits across a wide range of industries.

Alberta Indigenous Clean Energy Initiative (AICEI) – $926,450

The AICEI supports renewable energy generation or energy efficiency projects that are led by, or for the benefit of, First Nation and Métis communities in Alberta. AICEI is funded through the Strategic Partnerships Initiative which is led by Indigenous Services Canada to provide a way for federal partners to coordinate their efforts, reduce administrative burden and pool resources in support of Indigenous communities. Today, PrairiesCan announced AICEI support for four projects: 

Cold Lake First Nations ($124,000)
Complete a feasibility study to determine the suitability of a geothermal system to heat and cool a new pre-construction events centre as well as the existing Casino Dene and Hotel Dene.Métis Nation of Alberta ($174,000)
As part of the Métis Nation of Alberta (MNA) Climate Change Action Plan, conduct a comprehensive review of the MNA housing portfolio and develop a report which gives prioritized recommendations to increase the energy efficiency of homes.
Neyaskweyak Group of Companies Inc. (Ermineskin Cree Nation) ($373,450)
Complete a feasibility study to support the approval and construction of a new solar farm in Ermineskin Cree Nation.Southern Alberta Institute of Technology (SAIT) ($255,000)
As part of a partnership between SAIT’s Green Building Technologies research division and the Alberta Native Friendship Centre Association (ANFCA), upgrade ANFCA Friendship Centres in Fort McMurray, Medicine Hat, and St. Paul with energy efficient building systems to reduce emissions and operating costs.

Business Scale-up and Productivity (BSP) Program – $5,986,395

The BSP program supports high-growth businesses that are seeking to improve productivity, scale-up and commercialize technology. It offers interest-free, repayable funding to incorporated businesses that have been in operation for a minimum of two years. Today, PrairiesCan announced BSP support for two projects:

Kuva Canada ($4,079,895)
Expand marketing, operations, and product development initiatives to grow market share of its automated methane monitoring products and software which safely detect methane leaks more accurately, faster and at a lower cost than traditional methane inspection technologies.RJ Maclean Tank Services ($1,906,500)
Incorporate product improvements and launch marketing initiatives to increase international sales of its robotic tank cleaning system which uses less water and produces less waste than traditional industrial storage tank cleaning processes.

Regional Innovation Ecosystems (RIE) Program – $15,070,112

The RIE program helps create, grow, and nurture inclusive regional ecosystems that support business needs to facilitate innovation. Through the RIE program, targeted investments in not-for-profit organizations support businesses in priority sectors to innovate, grow and compete globally. The RIE program also promotes inclusive growth by helping underrepresented groups more fully participate in the innovation economy. Today, PrairiesCan announced RIE support for seven projects:

Alberta Energy Efficiency Alliance ($500,000)
Lead stakeholder engagement sessions and technology demonstrations to increase the adoption of energy reducing technologies and support collaboration in Alberta’s energy industry.Alberta Innovates ($10,000,000)
Establish a specialized production and testing facility to commercialize technologies that convert bitumen into carbon fibre at a significantly lower cost than traditional carbon fibre manufacturing processes.
Alberta Motor Transport Association and the University of Alberta ($1,400,000)
Expand hydrogen heavy vehicle trials and demonstrations across Alberta, including in rural areas and Indigenous communities. This latest funding builds on PrairiesCan’s previously announced funding of $3 million, bringing total PrairiesCan funding to $4.4M.Battery Metals Association of Canada ($850,000)
Support growth of the battery metals sector in Western Canada by enhancing collaboration and educating stakeholders.Carbon Management Canada ($1,168,000)
Purchase and install new equipment to enhance its emission management technology validation facility where small- and medium-sized businesses can test, refine, and commercialize carbon capture products and technologies. This latest funding builds on PrairiesCan’s previously announced funding of $1,573,500, bringing total PrairiesCan funding to $2,741,500.Pembina Institute ($752,112)
Establish a new Centre for Carbon Dioxide Removal based in Calgary which will provide resources and workshops to advance a market for innovative technologies that remove carbon dioxide directly from the atmosphere.Petroleum Technology Alliance Canada ($400,000)
Provide technical, business and marketing support to help businesses in Alberta export their clean technology innovations to international markets.

Associated links

Prairies Economic Development Canada (PrairiesCan)The Framework to Build a Green Prairie EconomyGreen Prairie Economy

Stay connected
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Toll-Free Number: 1-888-338-9378 
TTY (telecommunications device for the hearing impaired): 1-877-303-3388

SOURCE Prairies Economic Development Canada

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Miami Startup BOB Raises $5.5M To Build An AI-Powered Banking Platform

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The Miami-based company is building the most useful small business finance agent and banking platform in the world, with participation from Codie Sanchez, Mark Pincus,  and others.

MIAMI, Oct. 23, 2026 /PRNewswire/ — BOB AI Holdings Corp. (“BOB”), the AI finance employee for small business, today announced it has raised $5.5 million in seed funding. The round was led by Mischief (founder of Plaid, Zak Perret), with funding from Peter Thiel and participation from Codie Sanchez, Mark Pincus, Karman Ventures, and a group of additional investors and operators. BOB will use the capital to expand its product, grow its team in Miami, and bring a free AI finance agent to more of the small business owners who keep the American economy running.

The seed round brings together investors who share a conviction that small businesses deserve the same caliber finance department g that large companies take for granted. Mischief led the round, and Peter Thiel joined as a backer alongside Codie Sanchez, the investor and operator known for championing Main Street business ownership.

The funding follows BOB’s private beta launch in September 2026 and will support three priorities: deepening the product’s financial capabilities, scaling customer onboarding, and growing BOB’s team in Miami.

BOB is an AI finance employee that works alongside small business owners to handle the annoying but necessary financial work that usually eats their nights and weekends. Owners talk to BOB the way they would talk to a trusted bookkeeper or CFO, over WhatsApp, text message, Slack, Microsoft Teams, email, or the BOB app. BOB keeps the books, sends invoices, accepts payments, holds funds in a deposit account, and helps owners see where their cash is headed so they can make decisions with confidence.

BOB’s long-term goal is to be the most useful banking product in the world, and a banking product specifically built for this new world of AI agents, robots, and drones. But they are getting started by building the most useful and safe financial agent for small business owners. And instead of handing owners another dashboard to learn, BOB just does the work for them and communicates in plain language.

BOB’s wedge has been particularly effective because the company is laser-focused on small business owners who have largely been underserved by the wave of financial technology built over the last five to ten years. Many of those products were designed for the general market or for enterprise finance teams, and they assume the owner has time, training, or staff to run them. BOB starts from the opposite assumption. The owner of a roofing company, a restaurant, or a local services firm should be able to get real financial help without hiring a department to get it.

“Small business owners have been an afterthought for most of the financial technology built over the last decade,” said Adam Wininger, CEO of BOB. “They are running the business, doing the work, and then staying up late trying to make sense of their books. We built BOB to take that work off their plate entirely. Our goal is simple: to be the most useful banking platform in the world, and this funding lets us put our free CFO agent, BOB, in the hands of many more owners.”

“We invest in infrastructure that becomes indispensable, and a financial layer for autonomous agents is one of the clearest examples we’ve seen,” said Dustin Moring, General Partner at Mischief. “BOB is attacking an immense market at the exact moment AI is moving from advising on transactions to executing them. We’re proud to lead this round and back Adam and the team as they build the foundation agent banking will run on.”

About BOB

BOB AI Holdings Corp. is a Miami-based company building BOB, the AI finance employee and banking platform for small business. BOB handles bookkeeping, invoicing, payments, and cash flow for small business owners through the channels they already use, including WhatsApp, text message, Slack, and Microsoft Teams. BOB’s mission is to build the world’s most useful banking product in the world. Learn more at joinbob.ai. Disclaimer: BOB AI Holdings Corp is a financial technology company, not a bank.

Media contact

Joel Strauss – joel@strausscomms.com 

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SOURCE BOB AI Holdings Corp

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Union Home Mortgage unveils AI and automation advancements during 2026 Annual Partner Celebration

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The mortgage lender continues to make major technology investments going into 2027

STRONGSVILLE, Ohio, Oct. 23, 2026 /PRNewswire/ — Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, recently unveiled an array of AI and automation-driven technological achievements during the company’s 2026 Annual Partner Celebration held Oct. 16-17 in Cleveland, Ohio. This world-class event brought over 850 UHM employees, known internally as Partners, together to highlight the lender’s year-to-date business results, set goals to multiply business success, and foster connection between colleagues. Most notably, technology took center stage, highlighting advancements made in 2026 and a sneak peek at what is coming next.

Attendees were given an inside look at the next phase of technology shaping the business, with demonstrations of both newly implemented tools and future-focused prototypes. These innovations, ranging from conversational voice agents for enhanced customer support to the elimination of tedious manual document review, showcased the transformative potential of technology and underscored the lender’s ongoing investment in smarter, more efficient workflows.

“What makes this event so meaningful is the chance to celebrate our Partners and the impact they have on our business and culture,” said Bill Cosgrove, CEO of Union Home Mortgage. “By creating opportunities for open dialogue and idea-sharing, we’re able to strengthen our culture and identify new ways to move our business forward. As we look ahead to 2027, we remain focused on our 3X initiative, empowering our Partners with the resources, technology, and support they need to achieve more while continuing to deliver a world-class experience for our borrowers. Technology will be the key to UHM’s future, and I can’t wait to see what new solutions are developed in time for our next Annual Partner Celebration.”

While this year’s Annual Partner Celebration was heavily focused on technology, the event also featured senior leadership across all departments and business channels taking the stage to share updates on critical areas such as sales performance, servicing, benefits, employee recognition, and more. UHM Partners also took part in a panel discussion and Q&A with CEO Bill Cosgrove and Sr. Vice President of Business Development Al Blank. In addition to those attending in-person, the rest of the mortgage lender’s 2,300 Partners streamed the event virtually across the country. Following the event, attendees were invited to attend a celebratory carnival featuring casino-style games, a golf simulator, Family Feud, a custom t-shirt press, and more – earning raffle tickets to win high-value prizes. The lender also raffled off tickets to the MLB American League Championship Series being played at Progressive Field, as Union Home Mortgage is the Official Mortgage Partner of both teams that played in the series – the Tampa Bay Rays and the Cleveland Guardians.

Throughout the week, Partners also attended individualized leadership summits specific to their department or role within the company, as well as a Hard Stops Summit aimed at examining existing hard stops in the loan process to streamline operational efficiency.

Internal loan officer coaching program Partners Coaching Partners (PCP), which pairs each participating loan officer with a high-performing mentor and an accountability partner at their production level, also held their Fall PCP Impact event on October 14-15. The group aims to equip members with the skills and knowledge to increase productivity, generate leads, finetune the origination process, improve teambuilding, and increase profit margins. Next year, the PCP program will celebrate its twentieth consecutive PCP Impact event, cementing its status as a pillar of Partner development at UHM.

About Union Home Mortgage
Union Home Mortgage Corp. (UHM) is a high-growth, full-service retail, wholesale, and consumer direct independent mortgage banking company with branches across the U.S. in 49 states + D.C. UHM is an in-house loan servicer offering world-class customer service through high touch communication & technology. A privately held family business, with a collaborative culture that stands out in the mortgage industry, UHM Partners (employees) are guided by a Code of Conduct that emphasizes respect, open communication, and accountability. All these principles translate to industry-leading customer retention and satisfaction. Some honors include being a Six-Year USA TODAY Top Workplace and a Twelve-Year Northeast Ohio Top Workplace. Learn more at www.uhm.com.

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SOURCE Union Home Mortgage

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Pew Funds 4 Biomedical Research Partnerships in Latin America

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Scientists will team up on interdisciplinary explorations

WASHINGTON, Oct. 23, 2026 /PRNewswire/ — The Pew Charitable Trusts announced today that four pairs of researchers from Latin America will receive funding to pursue collaborative biomedical research projects.

These eight esteemed scientists, all independent investigators in Latin America, will team up on interdisciplinary explorations that span plant biology, genetics, immunology, and more. Recipients will receive a combined $180,000 per pair—$90,000 annually over two years.

The Partnership Award was created to help advance scientific collaboration and networking among the biomedical research community in Latin America. Recipients include four alumni of Pew’s Latin American Fellows Program in the Biomedical Sciences, which has funded nearly 350 scientists from across the region since 1991. The Partnership awards were made possible by a grant from Biohub.

“Pew is proud to support these exceptional scientists from Argentina, Brazil, and Chile,” said Donna Frisby-Greenwood, Pew’s senior vice president for Philadelphia and scientific advancement. “Their creative ideas and pioneering approaches will undoubtedly lead to important discoveries that advance biomedical research across Latin America and the world.”

Recipients of this year’s Partnership Award are:

Luis F. Larrondo, Ph.D., Pontificia Universidad Católica de Chile, 2004 Pew Latin American Fellow

Gerardo Cárcamo-Oyarce, Ph.D., Pontificia Universidad Católica de Chile

Larrondo and Cárcamo-Oyarce will establish a new, light-based platform for studying the formation of biofilms by the bacterium Pseudomonas aeruginosa.

Priscilla Olsen, Ph.D., Universidade Federal do Rio de Janeiro (UFRJ), 2016 Pew Latin American Fellow

Beatriz Patricio, Ph.D., Universidade Federal do Estado do Rio de Janeiro (UNIRIO)

Olsen and Patricio will develop and test a new strategy to overcome antimicrobial drug resistance.

Paulo José P. L. Teixeira, Ph.D., Universidade de São Paulo, Escola Superior de Agricultura Luiz de Queiroz, 2013 Pew Latin American Fellow

Antonio Camargo, Ph.D., Universidade de São Paulo

Teixeira and Camargo will examine plant immune receptor specificity.

Marcelo Yanovsky, Ph.D., Fundación Instituto Leloir – CONICET, 2000 Pew Latin American Fellow

Esteban Beckwith, Ph.D., Instituto de Investigación en Biomedicina de Buenos Aires – CONICET – Partner Institute of the Max Plank Society

Yanovsky and Beckwith will study how organisms regulate gene expression in response to environmental stress.

Founded in 1948, The Pew Charitable Trusts uses data to make a difference. Pew addresses the challenges of a changing world by illuminating issues, creating common ground, and advancing ambitious projects that lead to tangible progress. Learn more at pew.org.

Press contact: Liz Lowe, 215-575-4812, elowe@pewtrusts.org

https://www.pew.org/en/about/news-room/press-releases-and-statements/2026/10/22/pew-funds-4-biomedical-research-partnerships-in-latin-america

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SOURCE The Pew Charitable Trusts

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